impacreations1
New Member
We are about to sign a Licensing Agreement; it does not (yet) include royalties (to us) based on their retail sales from their website, and store and places like amazon.com (as opposed to their wholesale sales), nor, does it include royalties paid on Wholesale and Retail* Worldwide Sales. Is This Standard? I feel like I should get royalties on those two items/terms. Thank you very much. New Jersey (Me) and New York (them)(They are licensing my patented products). I am guessing that all terms are negotiable. I want and need to know if the above is a standard term(s), or if I am potentially losing monies from royalties. Again, Thank you VERY Much!
Mark
Mark